On May 19, 2023, eMagin Corporation (AMEX: EMAN) opened at $2.02, lower -0.50% from the last session. During the day, the shares moved up to $2.02 and dropped to $2.00 before settling in for the closing price of $2.01. Price fluctuations for EMAN have ranged from $0.55 to $2.49 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 6.70%. Company’s average yearly earnings per share was noted 79.90% at the time writing. With a float of $77.22 million, this company’s outstanding shares have now reached $81.99 million.
The extent of productivity of a business whose workforce counts for 109 workers is very important to gauge.
eMagin Corporation (EMAN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Electronic Components industry is another important factor to consider. The insider ownership of eMagin Corporation is 0.10%, while institutional ownership is 13.30%. The most recent insider transaction that took place on Jan 06, was worth 18,299. In this transaction 10% Owner of this company sold 21,605 shares at a rate of $0.85, taking the stock ownership to the 2,762,284 shares. Before that another transaction happened on Jan 05, when Company’s 10% Owner sold 3,500 for $0.82, making the entire transaction worth $2,866. This insider now owns 2,783,889 shares in total.
eMagin Corporation (EMAN) Latest Financial update
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted -$0.03 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.01) by -$0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 79.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 42.50% growth over the previous five years of trading.
eMagin Corporation (AMEX: EMAN) Trading Performance Indicators
Check out the current performance indicators for eMagin Corporation (EMAN). In the past quarter, the stock posted a quick ratio of 2.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.05, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.10 in one year’s time.
Technical Analysis of eMagin Corporation (EMAN)
The latest stats from [eMagin Corporation, EMAN] show that its last 5-days average volume of 2.97 million was superior to 0.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 87.54%. Additionally, its Average True Range was 0.15.
During the past 100 days, eMagin Corporation’s (EMAN) raw stochastic average was set at 71.51%, which indicates a significant decrease from 86.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.24% in the past 14 days, which was higher than the 88.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.87, while its 200-day Moving Average is $1.11. Now, the first resistance to watch is $2.01. This is followed by the second major resistance level at $2.03. The third major resistance level sits at $2.03. If the price goes on to break the first support level at $1.99, it is likely to go to the next support level at $1.99. The third support level lies at $1.97 if the price breaches the second support level.
eMagin Corporation (AMEX: EMAN) Key Stats
There are currently 83,042K shares outstanding in the company with a market cap of 166.90 million. Presently, the company’s annual sales total 30,530 K according to its annual income of -1,100 K. Last quarter, the company’s sales amounted to 6,600 K and its income totaled -2,620 K.
